In Switzerland, almost 1.7 million people were aged 65 or older at the end of 2021, a figure that makes up 19% of the population, according to data published on 28 August 2022. Photo by cottonbro on Pexels.com In 2021, one woman in five and one man in six was aged over 64, according to the Federal Statistical Office (FSO). Switzerland’s dependency ratio, which is the percentage of the population over 64 divided by the working age population1, reached 31.1% in 2021,...
Read More »Trapped by Imperialist Leviathans: The Case for Freedom in Central and Eastern Europe
In the previous articles I touched upon the question about subject of global American hegemony and its consequences for freedom. Now let’s look at the problem from another perspective. In the 1980s, Poland viewed the United States as a country capable of defeating the “Evil Empire” (USSR) and thus sowing throughout the Soviet bloc ideas of freedom that were so close to societies tormented by the yoke of communism. Today, Poland’s enthusiasm for the United States and...
Read More »The Russian Gold Standard
It is becoming increasingly clear that UN Nations are realising that it is very difficult to isolate a country that is already a global power. And not just a global power in terms of the military but also in terms of the world’s dependence on its energy exports. However, Russia’s energy exports are not the only thing the West benefits from. One little known fact about Russia is that its highest non-energy export is gold, exporting around $15 billion of gold bullion...
Read More »Bitcoin stürzt unter 20K
In dieser Woche kam es zu einer weiteren Preiskorrektur für den BTC. Heute ging es sogar seit langem wieder unter die Marke von 20.000 US-Dollar. Ist das ein weiteres Bärensignal oder kommt es zur Trendwende? Bitcoin News: Bitcoin stürzt unter 20K Seit Mitte Juli lag der Preis nicht mehr in diesen Regionen, zuletzt konnte der BTC sogar weiter zulegen. Doch der Preisaufschwung führte uns nicht über 30K. Der Kurs stagnierte, ehe er in der aktuellen Woche sogar...
Read More »Newsquawk Week Ahead – Highlights: US jobs report, ISM; China PMIs; EZ inflation
The US jobs report and ISM data will be key in shaping expectations for the September 21st FOMC meeting. MON: EU Defence Ministers Meeting (1/2), UK Summer Bank Holiday; Australian Retail Sales (Jul), Swedish Trade Balance (Jul). TUE: EU Defence Ministers Meeting (1/2), NBH Policy Announcement; Japanese Unemployment (Jul), German CPI Prelim. (Aug), UK BoE Consumer Credit (Jul), EZ Consumer Confidence Final (Aug), US Consumer Confidence (Aug), JOLTS (Jul). WED:...
Read More »Swiss panoramic train to debut in December
MOB – GoldenPass The GoldenPass Express (GPX) panoramic train, which will link Montreux to Interlaken without any station changes, will make its debut on December 11. The train will link three popular tourist destinations: Montreux, Gstaad and Interlaken, Montreux Oberland Bernois Railway Company (MOB) said in a statement on Thursday. The journey will take three hours and 15 minutes and passengers can choose between three classes (First, Second and Prestige). The...
Read More »The Week Ahead: Dollar Bulls Still in Charge
The poor preliminary PMI readings, the ongoing European energy crisis, and the recognized commitment of most major central banks to rein in prices through tighter financial conditions are risking a broad recession. These considerations are weighing on sentiment and shaping the investment climate. Most high-frequency data due in the days ahead will not change this, even if they pose some headline risk. What we have seen among some central bankers applies to market...
Read More »Money Does Matter: The End of the Gold Standard Led to a Lower Standard of Living
On August 15, 1971, Richard Nixon announced that the US dollar (USD) would no longer be redeemable in gold. This was supposed to be temporary. And yet, 51 years later, here we are. The gold standard was gradually destroyed in the twentieth century. Now people are experiencing the consequences: less purchasing power, more economic cycles, and a weaker economy. In the chapter 4 of his book What Has Government Done to Our Money?, Murray Rothbard goes over the steps the...
Read More »Ja zur Verrechnungssteuerreform
Die Libertäre Partei hat einstimmig die Ja-Parole beschlossen zur Änderung des Bundesgesetzes über die Verrechnungssteuer am 25. September 2022. Die Abschaffung der Verrechnungssteuer sowie der Umsatzabgabe auf Obligationen stellt eine wichtige Entlastung des stark besteuerten Schweizer Finanzplatzes dar. Die beiden Steuern haben in der Vergangenheit immer wieder dazu geführt, dass sich Schweizer Unternehmen im Ausland finanzieren mussten, respektive dass Finanzierungen in der...
Read More »Nein zur Massentierhaltungsinitiative
Die libertäre Partei lehnt die weitere Verschärfung der Tierschutzvorschriften ab. Die Nahrungsmittelproduktion in der Schweiz ist aufgrund von schädlichen Staatseingriffen bereits heute ineffizient und Nahrungsmittel unnötig teuer. Wir sehen es nicht als Staatsaufgabe an Nahrungsmittel künstlich zu verteuern, um die Bevölkerung (und überproportional Geringverdiener) finanziell noch stärker zu belasten. Personen die Lebensmittel konsumieren wollen, die nach bestimmten ethischen oder...
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